First Key to long-term Growth- Don’t waste your time
As a small business owner, you probably know the feeling of always having endless tasks to do. Between the customer’s deadlines, the payments to be tracked, and the customers to be fulfilled, the list of obligations never seems to decrease.
We all agree that effective time management is one of the most essential skills for a small business owner. The great news is that you can learn this skill like any other. Since it is not an exact science, it can help you find tricks and habits that work best for you.
If you feel that there are never enough hours during the day, these five tips can help you get on the right track and manage your time wisely and efficiently.
Plan ahead is a must for long-term growth
Clutter, both literally and figuratively, can diminish your work and cover you. If your workspace or workload is chaotic, you may be too happy to have your tasks done. You can organize yourself to start small and make progress. Setting short and broad goals is a great way to keep yourself and your business on track.
First, make a list of five realistically achievable goals for the week. Make them detailed and detailed, and start making them one day at a time. This will help you create measurable progress on significant initiatives.
Be aware of when you are most productive, whether it is at a particular time of the day or just after a morning walk. Use a time tracking app like Toggl to keep track of how much time you spend on each project and customize it when you do your best. Once you find that you have the most productive clock, you can use that time each day to focus on top-priority tasks and the rest of the day on more specific functions that are easier to manage.
Long-term Growth means you need to learn who to delegate
If you have just started, it is natural to take on everything related to your business. Now you are used to studying at work and acquiring skills that you did not even know existed. However, as your time becomes more valuable, it is vital to learn to delegate. Whether you want to transfer some of your responsibilities to other tasks or leave projects to employees, you must give yourself freedom.
First, you decide which tasks you would instead not do. This seems easy, but if you can figure out the things you are hesitant about because you do not like to do it, you can find out if anyone else will be able to do it. If you do not have people who are willing to invest, look for vendors or freelancers who specialize in that skill and can work as needed to give you your time back.
Contact your professional network, find recommendations, and find people you can trust who can get the job done. The delegated task is only successful if it is completed. So proceed carefully and make sure you meet the deadlines.
Long-term Growth vs. Apps
If you have a smartphone, it’s time to make it your best tool for small businesses. There are many apps out there that can help you take control of your schedule and workflow. When traditional to-do lists don’t shrink to paper, Wunderlist is an app that lets you prioritize, set reminders, and share to-do lists. It’s available on smartphones, laptops, and Apple Watches, so you can get things done wherever you are.
If you are a small business owner and have an hourly fee, an app like Harvest can easily keep track of the time you have spent on each task, making invoicing easier. Even if you do not calculate by time spent, Harvest can keep track of how long each project takes, making you more aware and more appropriate for your day.
When it comes to managing your entire workflow, Trello is a great resource. You can create boards for each project and gradually set up pipelines to be sent so that you can keep track of tasks from start to finish. It is also a great collaboration tool, as you can also monitor the team’s progress and efficiency.
Keep track of your finances
Finances can be a significant stressor and therefore take up unnecessary time. Creating and adjusting an accounting system early on will help you stay organized, saving time on the go.
If you don’t already have one, there are a handful of services to help you stick with an accounting system. Surely, your first step is to make sure that you have received a proper financial education that can help you deal with money.
When you’re a solo player, the biggest battle you can face is being productive without a team breathing down your neck. As your own boss, you have to work hard to stay motivated and avoid distractions. It is essential to keep working life separate from your business life. Turn on your phone, use an app like SelfControl to block websites that you are browsing thoughtlessly, and make sure you are mentally and physically present during work hours.
It also means that business matters remain outside of family time. By truly segmenting your day, you can better manage your time and make the most of every precious hour.
If you are addicted to endless tasks or feel burned out before the day starts, it could be a sign that something is wrong with your current routine. There may be little you can do to make that to-do list go away, but the more efficiently you spend every hour, the more successful you will be at dealing with those hectic days.